This project alone, over 20 years will use just under 592 Bcf of...

This project alone, over 20 years will use just under 592 Bcf of gas or just on 100% of our current 2c resources of 593 Bcf (from AGM presentation).

It assumes further gas being added to resource inventory.

IMHO they have been working on this for quite a while and today's announcement was 'timed' to come just after the discovery of further gas in WE3, which unfortunately has not happened yet.

To me it shows a great deal of confidence by management and BOD in further discoveries, not just here at WE but also at SE and probably Walyering. There is no way some would bet 100% of all gas on a fertilizer plant compared to a spread of income streams from fertilizer and gas sales.

I would assume that for our 30% free carry in the fertilizer plant, we would be selling gas at around cost to the new fertilizer entity. (Can't have your cake and eat it as well in the business world unfortunately).

Love the last page of today's announcement with the planned timelines, including drilling SE later this calendar year.

We all invested in this mob taking a risk on doing things others had found 'too risky' and so far it is paying off. These types of successful stories of junior explorer turning into something big are very rare in the market, but can only succeed if we shareholders keep supporting the company when they come asking for money in further cap raises. I supported the last one taking up full entitlement, despite the SP being lower at the time, yet those shares are up nearly 50% on the price I paid.

The company will need a lot more cash for drilling and development to get to be a multi billion dollar enterprise which a lot of holders are hoping for. So far all the boxes are being ticked with the gas being insitu where we have needed it to be.

We have not just 1 year but over 2 years of further exciting exploration and positive announcements to look forward to. This is not a get rich quick P&D but a slowly developing great company led very capably IMHO.